{
    "fund_name": "Amundi US Treasury Bond Long Dated UCITS ETF Acc",
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF uses physical replication to track the Bloomberg Barclays US Long Treasury Index, which consists of long-dated US Treasury bonds. The KIID and factsheet confirm no leverage, inverse strategies, or synthetic replication. The only derivative-related mention is a securities lending program (common in ETFs) and an OTC swap with counterparties (Morgan Stanley, Societe Generale) for efficient portfolio management, but this is within UCITS limits (<10% exposure). The index itself is straightforward (long-dated Treasuries), and the risk profile (SRRI 3) aligns with typical bond ETFs. No capital protection, structured features, or complex underlying assets are present. The factsheet explicitly states 'physically replicated ETF,' reinforcing the non-complex classification.",
    "confidence": 95
}